Manhattan apartment sales fall by 50%: Report

new Douglas Elliman and Miller Samuel data

Why the sudden slowdown? The report’s author, appraiser Jonathan Miller, points to a supply shortage and the bummer economic climate surrounding increased interest rates to combat lingering inflation. Unfortunately for buyers, the numbers do not point to more bargains in the near future.

Source: Financial Digest (financialdigest.net)

Lol

Not surprised NYCMayor city is filled with high crime, trash all over the sidewalks were in 2023 we need to stop throwing trash on the side walks,mentally I’ll people roaming streets,you have the city smelling like weed now City is filled with so many unnecessary weed shops!

Now prices need to fall by 50%

Not saying much

When NYers get the economy they deserve.

Overrated place lead by massive egos.

Rats abandoning the ship

It’s that New York Brand!

well duh crime city why would anyone want to live there

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